Moira Parish Church
ststement of Financial Activltles for the year ended 31 De¢ember 2022
Unrestricted
Fund5
2022
Restricted
Funds
2022
Total
2022
Total
2021
Note
Income
Donations and legacies
Other trading activities
Investment5
Charitable actlvities
Other incorne
194,836
25,022
57,162
3,610
2.556
9,499
495
32,975
244,954
204,335
25,517
90,137
248,564
2.556
377,984
13,054
77,131
148,462
636
Totsl income
283.186
287.923
571,109
617,267
Expendlture
Raising funds
Charitable activitles
Other
io
io
io
825
369,329
2,252
825
495.420
9,990
813
382,081
111,6411
126,091
7,738
Total expenditure
372,406
133,829
506,235
371.253
Net Income/lexpenditure) before
transfers
{89,220)
154,094
64,874
246,014
Transfers between fvnd5
107,659
1107,6591
Net Income before other recognised
galns
18,439
46,435
64,874
246,014
Unrealised Ilossl/gain on Investment
(85,4651
185,465)
130,208
Net movement In funds
18,439
{39,030)
{20,5911
376,222
Reconciliatlon of fund5:
Total funds brought forward
412,879
4,708,095
5,120,974
4,744.752
Total funds carrled forward
431,318
4,669,065
5,100,383
5,120,974
15

Molra Parlsh Church
Ststement of Hnanclal Position as at 31 Decernber 2022
2022
2021
Note
Ftxed a$5ets
Land and Bulldlngs
LOGIC Equipment
LOGIC Donatèd Asset
Parlsh Equipment
Investmont Property
Investments
16
16
16
2,443,677
22,877
266
14.715
410,000
1.543,140
4,434.675
2.443,677
20,348
1,065
7.635
410,000
1.599,995
4.482,720
16
17
18
Current assets
DebtOlS
Inve5trnents
Cash at bank
19
20
48,394
157.821
477,772
683,987
143,963
156,000
362,780
662,743
Creditors: amount5 fallln8 due wlthin one year
21
113,279}
119.4891
NÈt current assets
670.708
643,254
Total assets less turrent IlabSlltSes
5.105.383
5,125,974
Creditor5: amounts fallln8 due after oneyear
22
15,0001
15,0001
Net assets
25
5.IQO.383
5.120.974
Charitylunds
Restricted Funds
Unre5trlcted Funds
23
23
4.669,065
431.318
5,100.383
4,708,095
412,879
5.120,974
The notes on pages 18to 33 form partofthese financlal ststements.
11. 4. ts.LS
The flnanclal ststements were approved and authorised for i55ue by the trustees on.._ ..........
Revjoanne Megarrell (Rector)
Illam Crockett (Trusteel
16

Moira Parlsh Church
Statement of Cash Flows for the year ended 31 December 2022
2022
2021
Note
Cashflows from operating activities
Net cash flow from operating activities
26
78.965
66,614
Cashflows from investlng activltles
Divldends, interest and rents from investments
Purchase of fixed a55ets
53,907
(17,880)
49,482
Net cash flow from Investing activities
36,027
49,482
Cashflows from financin8 activities
Repayment of loans
180,000)
Net cash flow from financing activities
180,0001
Net Increase in cash and cash equivalents
Cash and cash equivalents at l January 2022
114,992
362,780
36,096
326,684
Cash and cash equivalents at 31 December 2022
477,772
362,780
Cash and cash equlvalents consists of:
Cash at bank
477,772
362,780
Cash and cash equlvalents at 31 December 2022
477.772
362,780
17

Molra Parish Church
Notes to the Financial Statements for the year ended 31 December 2022
l. Summary of significant accounting policies
The principal accounting policies adoptedi judgements and key sources of estimation uncertainty in
the preparation of the financial statements are a5 follows:
a) General Information and basis of preparatlon
Moira Parish Church is a charity and is part of the registered charity, Moira/Moira/St John's/Down &
Dromore/Church of Ireland which registered with The Charity Commission for Northern Ireland on
3rd November 2014. The address of the registered office is given in the charity information on page I
of these financial statements. The nature of the charitls operation5 and principal activitie5 are the
advancement of religion.
Moira/Moira/St John's/Down & Oromore/Church of Ireland, a charitable trust is constituted under a
trust deed dated 3rd November 2014.
Moira/Moira/StJohn's/Down & Dromore/Church of Ireland constitutes a public benefit entity as
defined by FRS 102.
Statement of com
liance
The financial statements have been prepared in accordance with applicable accounting standards,
Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland issued in October 2019, the Financial Reporting Standard applicable in the United
Kingdom and Republic of Ireland IFRS 102), the Charities Act (Northern Ireland} 2008, Charities Act
(Northern Irelandl 2013, The Charities (Accounts and Report5) Regulations (Northern Ireland) 2015
and UK Generally Accepted Accounting Prattice.
The financial statements have been prepared on the going concern basi5 under the historical cost
convention, modified to include certain items at fair value. The financial statements are presented in
sterling which is the functional currency of the charity and rounded to the nearest £1.
The significant accounting policie5 applied in the preparation of these financial statements are set out
below. These policies have been conslstently applied to all years presented unless otherwise stated.
b) Preparation of accounts on a going concern basls
The Parish generally meets its day to day working capital requirements from its annual income. The
financial statements have been prepared on a going concern basis as the trustee5 believe that no
material uncertainties exist. The trustees have considered the level of funds held and the expected
level of income and expenditure for 12 months from authorising these financial statements. The
budgeted incorne and expenditure is sufficient with the level of re50urce5 for the charity to be able to
continue a5 a going concern.
18

Molra Parish Church
Notes to the Financial Statements for the year ended 31 December 2022 (continued)
l. Summary of significant accounting policies {contlnuedl
c) Funds
Funds are classified as either restricted funds or unrestricted funds, defined as follows.
Unrestricted funds are expendable at the discretion of the trustees in furtherance of the objects of the
charity which have not been designated for other purposes.
Restricted funds are funds Subject to specific requirements as to their use which may be declared by
the donor or with their authority or created through legal processes, but still within the wider objects
of the Parish. The cost of raising and administering such funds are charged against the specific fund.
d) Income
Plate Collections, Weekly Envelopes and Graveyard income are accounted for on a cash receipts basis
as the amount is collected.
Income arlslng from the rental of Parish Centre facllities to thlrd parties 15 recognised when the parish
has entitlement to the funds, any performance conditions attached to the income have been met, it is
probable that the income will be received and the amount can be measured reliably.
Income from government and other grants, whether'capit31' grant5 or'revenue, grant5, 15 recogni5ed
when the charity has entitlement to the funds, any performance conditions attached to the grants
have been met, it is probable that the Intome will be received and the amount Can be measured
reliably and is not deferred.
Legacies are included within income under elther unrestrlcted or restricted funds according to the
terms under which the donation is made. For legacies, entitlement is the earlier of the charity being
notified of an impending distribution or the legacy being received. At this point income is recognised.
On occasion, legacies will be notified to the charity, however, it is not possible to measure the amount
expected to be distributed. On these occaslons, the legacy 15 treated as a contingent asset and
disclosed.
Donations and gifts In kind are brought into the accounts at their fair value to the Parish.
Income from trading activities includes income earned from fundraising event5 and trading activlties
to raise funds for the charity. Income is received in exchange for supplying goods and services in order
to ra15e fund5 and is recognised when entitlement has occurred.
Investment income 15 earned through holding assets for investment purposes such as share5, unit
trusts and property. It includes dividends, interest and rent. Where it is not practicable to identify
investment management costs incurred within a scheme with reasonable accuracy the investment
income is reported net of these costs. Interest and dividends together with any reclaimable tax credlts
are included In the account5 as received. Rent is included in the accounts when it is receivable.
19

Moira Parish Church
Notes to the Financial Statements for the year ended 31 December 2022 (continued)
l. Summary of slgnificant accounting pollcles (continued)
e) Expenditure
All expenditure is accounted for on an aecruals basis and ha5 been classified under headings that
aggregate all cost5 related to the category. Expenditure is recognised once there is a legal or
constructive obligation to make a payment to a third party, it is probable that settlement will be
required and the amount of the obligation can be measured reliably.
All expenditure 15 accounted for on an accruals ba515 and has been classified under headings that
aggregate all costs related to the category. Expenditure is recognised once there is a legal or
constructive obligation to make a payment to a third party, it is probable that settlement will be
required and the amount of the obliRation can be measured reliably.
It is categori5ed under the following headings:
Cost of raising fund5 includes office running expense5;
Expenditure on charitable activities includes wages and salaries, Diocesan a55essments, church
running costs, charitable donations and administration costs; and
Other expenditure represents those items not falling in to the categories above.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure wa5 incurred.
f) Support cost 311ocation
Support costs are those that assist the work of the charity but do not directly represent charitable
activitie5 and include office cost5, governance costs, and administrative payroll costs. They are
incurred directly in support of expenditure on the objects of the charity. Where support costs cannot
be directly attributed to particular headings they have been allocated to cost of raising funds and
expenditure on charitable activities on a basis consistent with use of re50urce5.
The analysis of these costs is included in note 8.
g) Tangible fixed assets
The assets of the Parish comprise:.
Parish Church and Graveyard
Parish Centre
Rectory
Bateman Suite
Old School Building
6 Berwick Heights
27 Danesfort
53 Main Street
Petrol Station
Glebe Land
LOGIC equipment
The Parlsh Church and Graveyard are deemed to be Heritage assets as defined by the Charities SORP
IFR51021. These Heritage asset5 are not included on the balance Sheet as information on the cost or
valuation is not available and such information cannot be obtained at a cost commensurate with the
benefit to the user5 of the accounts and to the parish.
20

Moira Parish Church
Notes to the Financial Statements for the year ended 31 December 2022 (continued)
l. Summary of signifIcant accounting policies {contlnued)
g) Tangible flxed assets (continued)
The Parish Centre is recognised at cost of construction / acquisition. No depreciation has been
provided on the Parish Centre buildings as the current estimated residual value is not less than its
carrylng value and the remaining useful life currently exceeds 50 years.
The Rectory and Bateman Suite are ￿cOgnISed at cost of construction. No depreciation has been
provided on the Rectory or Bateman Suite as the current estimated residual value is not less than their
carrying value and the remaining useful Ilfe currently exceeds 50 years.
The Old School Bullding and properties at 6 Berwick Heights and 53 Main Street are included at cost of
purchase. No depreciation has been provided on either the Old School Building or the properties at 6
Berwick Heights and 53 Main Street a5 the current estimated residual values are not less than their
carrying value and the remaining useful life currently exceeds 50 years.
The properties at 27 Danesfort, the Petrol Station and the Glebe Land are included on the balance
sheet on the basis of valuations carried out by MrTWaddell, Estate Agent, Longstone Property Sales,
Moira as at 8 March 2017.
Equipment and donated assets are recognised at cost and are depreciated on a stralght line basis over
their expected useful life ranging from a period of 4 to 20 years.
The a55etg residual values and useful lives are reviewed, and adjusted, if approprlate, at the end of
each reporting period. The effect of any change is accounted for prospectively.
St John's Parish, Moira has set a mlnimum threshold of cost for an item to be considered to be
capitali5ed as a fixed asset a5 £5,000.
Tangible assets Bre derecognised on disposal or when no future economic benefit5 are expected. On
disposal, the difference between the new dlsposal proceeds and the carrying amount 15 recognised in
the statement of financlal activities and included in 'Other operating11055esl/gaing.
h) Investments
Fixed asset investments comprising investment propertles, investments in equltles and investment in
RCB/CIT Unit Tru5t5 are initially recorded at Cost and are then subsequently stated at fair value at each
balance sheet date.
Investment5 in unquoted investment5 are recorded at C05t and are assessed annually for impairment.
Unrealised gain5 and losses represent the difference between the fair value at the beglnning and end
of the financial year or, if purchased in the year, the dlfference between cost and fair value at the end
of the year.
21

Moira Parlsh Church
Notes to the Flnanclal Statements for the year ended 31 December 2022 {continued)
l. Summary of signlflcant accounting pollcle5 (continued)
h) Investments {contlnued)
Realised gains and1055es represent the difference between the proceeds on disposal and the fair value
at the start of the year or cost if purchased in the year. Both realised and unrealised gain5 and losses in
investments are reported within "Net Gains / (Losses) on Investments" within the Statement of
Financial Artivitie5.
Current assetinvestments are shortterm investments with a maturityterm of no greaterthan one
year. They include bonds and short term deposits. They are recorded at their initial cost less
impairment on the basis that they have maturity terms of no greater than one year.
i) Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are
recorded at transaction prlce. Any losses arising from impairment are recognised in expenditure.
j) Cash and cash equivalent5
Cash and cash equivalents includes cash in hand, deposits held at call with banks, other short-tenn
highly liquid investments with original maturities of three month5 or less and bank overdrafts. Bank
overdrafts are shown within Creditors Amounts falling due within l year.
k) Financial instruments
The Parish only has financial assets and financial liabilitie5 of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recogni5ed at transaction price and subsequently
measured at their settlement value.
l) Tax
As a charityj it benefits from various exemptions afft)rded by tax legislation. It is therefore not liable to
corporation tax on income or galns falling due within those exemption5. Recovery is made of tax
deducted from receipts under Bift aid.
The charity is not registered for VAT purposes; therefore expenditure is shown gross of VAT.
2. Crltlcal accounting judgements and estimatlon uncertainty
E5tim3te5 and judgments made in the process of preparin8 the financial statements are continually
evaluated and are based on historical experience and other factor5, including expectations of future
events that are believed to be reasonable under the circumstance5.
The following judgement5 including those involving estimates have been made in the process of
lil depreciation method, asset useful lives and residual values
lill valuation of investment property
22

Molra Parfsh Churth
Notestothe Flnandal Ststements forthEye3rended 31 DEcEntber2022lcontlnuedl
3, Donatlons ond ItBacles
Unrestrlrted
Funds
202Z
REStrlrted
Funds
21)22
Vnrestritted
Fund5
2021
Restritted
Funds
2021
Totsl
21)22
Total
20
Weekly EnvelopeslFWO
BulldlnEFund En¥elope5
Advent Collecdon
Loose wllecuons
Tax recovered on dooations
Harvest
Grant Edutatlon Aythorlty
Grant LCCC
Grant RC8
GrantCOIOCS
Fundralsln8lbba
Donatyons
tsonaUons IA Iley
Appealslcollettlons
Le6icy
150,912
150A12
9A79
139.656
139.656
9.314
250
2,351
2Q740
3.624
1554
4.730
9,479
9,314
3584
27.016
575
3.584
27,0
575
1358
26.740
3,624
1554
4,730
7.731
I￿10
200
7.731
¥510
20
20
415
L18D
170
170
1755
1,670
619
435
2.755
1.670
619
L693
184,544
377.984
194.836
9.499
204,335
368,150
9.734
Income from donatlons and I￿￿e$waSE2o4.ajsl1o2l: E377.9841 ofwhlch £9.49912021.. £9.7341 was attrlbutable
to re5trlrtedlunds 3nd £194,83612021.' £368,250) wasattributableto unr￿lItted fund5.
l. Othertr4dlni3rt1vltles
Unrestrltted
Funds
2022
Re5trJcted
Funds
zozz
Unreslrlrted Restricted
Funds
Fund5
2021
2021
Total
20ZZ
Tital
Z021
USE of Pattsh Centre
Mis51on stall inume
C3rbootlncom&
22.496
2Ug$
495
1516
25,517
Il270
270
495
L526
25.OZZ
784
,054
495
13,054
Income from othertradlng aCtiy1￿¢S wa5 £25.51712021:E110541 ofwhlth £495 IZ021:£Nillwa5attrlbvtsble to rewlrted
fund5and £25.02212021- £13.0541 was attrtbukble ttivnre5trfcted fvnd5.
S. In¥trtments
Unrestrfcted R•strlEted
Fuads
FutMIs
Unre5trfrted Restrlcred
Funds
fund5
2021
21
Totsl
Tol
2021
Reot Petrol Statlon
Rent B2￿ck}Danesrart
Bank Interestreceived
Interest Down and Dromore Boardof Educatlon
AC6 Stheme Income
Churth of IrEland Tru5rees dlvldend
RC8lrv5t
DFClncame
Land Lerdng
UnltTiustincome
Interest RCBActounts
35,000
16,400
3,836
956
3ts￿5
14,700
1408
L911
278
479
29Y
30,62S
14.70D
16,W)
3.836
956
291
241
313
li
278
479
299
159
55Q
25.$87
35
Tl,131
Z41
313
159
30265
2,551
31975
3Q,Z65
1551
90.137
25,687
57.16Z
51,250
25,881
Income from Inw¥tynents was£90.13712021.' ￿,131) ofwhlth £3Z.97512021: £25,881IwH5 Ottrlburableto re5trlrted
funds and £57.16Z12021.. £SL￿oI was a￿1￿Utablet9 unrestricted fund
23

Moir4 Parish Church
Note5 to the Flnandal Statement5 fortheyear ended 31 December2022 Icontrnuedl
6. Charttable artivltit5
UnrestrIct￿ Re5trlcted
Funds
Funds
2022
2022
Unrestricted Restrtcted
Fund5
Funds
2021
2021
Total
2022
Total
2021
Graveyard Income
Other organi53tion income
3.610
3.610
244,954
248.564
4,490
4,490
143,972
148.462
244,954
244,954
143.972
143,972
3,610
4,490
Income from tharitablÈ activlties was £248,56412021.' £148,462) of which £244,95412021: £143,972)
was attrlbutable to restrictèd funds and £3,61012021.. E4,4901 was attribvtsble to unrèstricted funds.
7. Other
Unrestricted Restrlcted
Funds
Funds
2022
2022
Unre5trlcted
Funds
2021
Restrlcted
Funds
2021
Total
2022
Totsl
2021
NIE
Other
2,551
2.556
2,S51
2,556
631
636
631
636
Income from otherwas £2,55612021- £6361 of whlch £NII12021: ENill was attributable to restrlrted funds
and £2,55612021'. £6361 was attributable to vnrestricted funds.
8. Allotation of 5UPPtsrt Costs
Raising
fvnd5
Ch?rltable
artlvlty
Total
2022
Charitsble
actlvlty
Total
2021
Raising fund5
Governance
Office costs
7.476
7,476
825
8.301
6,966
6,966
813
7,779
825
825
813
813
7.476
6.966
9. Go¥emance costs
Totsl
2022
Total
2021
Audltor's remuneratlon
7.476
7A76
6,966
6.966
24

Molra Parlsh Church
Notes to the Ftnandal Statements for the year ended 31 December 2022 Icontlnuedl
10. Analy515 of expendlture
Unrestritted Restricted
Funds
Fund5
2022
2022
Unrestricted Restricted
Fund5
Fuad5
2021
2021
Total
2022
Totsl
2021
Raislng Fund5
Churth Envelope5
825
825
825
825
813
813
813
813
Charltable Actlvlties
Salarie5 and Wage5
Diocesan Costs/As5essment
Church Runnlng Costs
Charltable Donations
Administration C05ts
Graveyard Costs
Other organ15ation expenditure
234.909
22,092
58,001
22,969
29,433
1,925
234.909
22.092
58,001
22.969
29.433
1.925
126.091
495,420
184.972
23,232
45.516
22,251
27.219
I,iio
184,972
23,232
45,516
22,251
27,219
Lllo
77,781
77,781
77.781 382,081
126,091
IZ6.091
369.329
304.300
Other C0#5
Bank Interest/char8es
Interest on Loans
Depreciation
920
920
734
119,6001
1.262
117.6041
734
119,6001
5.963
7,225
5,963 111,6411
1,332
2.252
7.738
7.738
9.070
9,990
11. IL055llB8ln on Investment Assets
2022
2021
Unreallsed fair value Ilosse5llgalns on unlt trust
185.4651
130,208
12. Taxatlon
Stjohn's Parlsh, Moira15 recognised a5 a charity for the purpose5 of appllcable tsxatlon leglslation and 15 therefore notsubjettto
tsxation on Its charitsble attivities.
13. Audltor's remuneratlon
Audltor's remuneratlon amounts to an audltfee of £2,16012021: £2.1601 and other servlces of £5,31612021.' £4,806).
IQ Tru5tee5' and key manaBement personnel remuneratlon and expenses
The trustees re￿IVed remuneration In the year totallln&£59,28412021: £57,528).
The total amount of employeè beneflts reeelved by key rnznagement personnel Is £Nil12021: £NIII.
The charity ton51ders its key management personnel comprlse the trustees.
The parlsh paid expertses of £NII12021: £NIII relating to the runnlng costs of the rertory whlch Is occupied by the rettor.
The Parfjsh pays a stip2nd and locornotory allowance based on recomrnendatlon bythe Representative Chlrrch Body whlch
recommend5 Set amounts based on the Stlpend Group assigned to the Parish. Moira Parish falls withln Stlpertd Group A.
Expenses amounting to £3,76012021- £1,178) were relmbur5ed to 312021- 41 trustees.
No tru5teÉ ora person related to a trustee had any personal Interest in any contract ortransartlon entered into bythe charfty durin
the year.
25

Molra Parish Church
Notes to the Financlal Statements for the year ended 31 December 2022 (contlnuedl
15. Staff costs and employee benefits
The average number of employees during the year was as follows:
2022
Number
2021
Number
Ministerial
Youth
LOGIC
Administratlon
li
15
li
The total staff costs and employee benefit5 were as follows:
2022
2021
Wages and salaries
Social security
Defined contribution pension costs
HMRC Furlough Scheme grant
Statutory Maternity Pay recovered
Total
211,213
12,985
10.711
171.726
9,117
10.119
15,5671
14231
184.972
234.909
16. Tangible fixed assets
LOGIC
Donated
Asset
Land and
Bulldlngs
LOGIC
Equipment
Parlsh
Equlpment
Totsl
Cost
At ljanuary 2022
Additions
At31 December 2022
2,443.677
75,383
9.468
84.851
3,995
12.621
8,412
21.033
2,535.676
17.880
2,553,556
2,443,677
3,995
Depreclation
At ljanuary 2022
Charge for the year
At 31 December 2022
55,035
6.939
61,974
2,930
799
3,729
4,986
1,332
6,318
62,951
9,070
72,021
Carrying amount
At 31 December 2022
2,443,677
2Z,877
266
14,715
2,481,535
At 31 December 2021
2,443.677
20,348
1,065
7,635
2,472,725
The net book value of land and buildings comprlsed:
2022
2021
Land and building5'.
Long leasehold
2,443.677
2,443,677
2,443.677
2,443.677
26

Moira Parish Church
Notes to the Financial Statements forthe year ended 31 December 2022 (continued)
17. Investment property
2022
2021
At l January 2022
Unrealised fair value gains/losses on investments
410,000
410,000
At 31 December 2022
410,000
410.000
Made up of:
Petrol Station, Moira
410,000
410,000
Investment Property relates to a Petrol Station in Moira. The petrol station was valued by T Waddell,
Estate Agent at Longstone Property Sales. Molra on 8 March 2017.
18. Fixed asset investments
Other
Investments
Total
Cost or valuation
At l January 2022
Additions
Revaluation
At 31 December 2022
1,599.995
28,610
185,465)
1,543,140
1,599,995
28.610
{85,465)
1,543,140
Impairment
At l January 2022
Written off
Eliminated on disposals
At 31 December 2022
Carrying amount
At 31 December 2022
1,543,140
1,543,140
At 31 December 2021
1,599,995
1,599,995
Investments at fairvalue comprise:
2022
2021
Unit Trusts
Cash held by RCB
1,070,283
472,857
1,543,140
1,129,689
470,306
1,599,995
27

Moira Parish Church
Notes to the Financial Ststements for the year ended 31 December 2022 (continued)
18. Fixed asset Investments {contlnued}
Unit Trusts are based on stock market valuations at the end of each financial year. The valuations are
susceptible to falls as well as rises.
19. Debtors
2022
2021
Gift Aid receivable
Prepayments and accrued income
Unit trust income receivable
27,016
6,378
15,000
48,394
16,435
116,734
10,794
143,963
20. Current asset investments
2022
2021
Bonds
Short term deposits
81.752
76.069
157,821
80,742
75,258
156,000
Bonds and short term deposits are measured at cost loss impairment on the basis they represent deposits
with a maturity term greater than 3 months UP to one year.
£81,752 was invested in a l year bond with a maturity date of 6th December 2023 with an interest rate
of 3.65%. £76,069 was invested in a 95 day notice account with an interest rate of 2.95%.
21. Creditors: amounts falling due within one year
2022
2021
Accrua15 and deferred income
PAYE
other creditors
8,622
3,948
709
13,Z79
14,575
4,179
735
19,489
ZZ. Creditors: amounts falling after than one year
2022
2021
Parishioner loans
5,000
5,000
5,000
5,000
28

Molra Parlsh Church
Note5 to the Flnanclal Statements for the yÈar ended 31 De¢ember2022 Icontinuedl
23. Funds reconclliation
As at l January
2022
Urtreali5ed
A5at31
gain I Ilossl December2022
Income
Expendlture
Transfers
Restrlcted Funds
Murdock Bequest
Building F¢Jnd
Ibba Fundralsln8
Mlsslon Trip5 Fund
DFC Fund
LOGIC Fund
Stjohns Bowling Cltsb
Women'5 Guild
Land and Buildings held by RCB
Investment Property held by RCB
Cash held by RCB
UnitTrusts
Advent Fund
100,997
108,518
1,384
1.834
1,163
120,986
1,411
10,785
2,313,766
410.000
470.306
1,140,483
26,462
4.708.095
ICp),997
117,997
4404
2,329
1,322
124,511
L336
10,801
2,313,766
410,000
472,857
I,D85,283
26,462
4,669,065
9A79
20
495
159
244,938
1133,7541
1751
1107.6591
16
2,551
30.265
185.4651
287.923
1133.8291 1107,6591
185.4651
Unrestrirted Fund
General Fund
412,879
412,879
283.186
283.186
1372,4061
1372,4061
107,659
107.659
431,318
43L318
Total Funds
5.120,974
571.109
1506,2351
185,4651
5.100,383
-The Murdock Bequest Is to be used on costs of The organ in The Parlsh Church
-The Bulldlng Fund Is to bÈ used to maintaln the church property
The Ibba Fundraislng Fund is to be used on Initiatives to supportthe Ilnk Di0tr5e in South Sudan
- The Mi551on Trlp Fund 15 to be used to support young people undertaklng mi55ion trSps
-This fund is to be used for Income from DFC for poverty
LOGIC funds are used to administer Logic and to support Loglc prograrn5
StJohn'5 Bowllng Club fund 15 used to support the actlvlties of Stjohn's Bowlln8 Club
Women's Gulld fund 15 used to 5UPPOrt Women's guold attivities and provisltsn of catering in the Parlsh
- Funds held In Land and Bulldlngs held by RCB can only be used for capltal prolects approved by RCB
Funds held In Investment Property held by RCB can only be used for capStal project5 approved by RC
Fund5 held In cash by RCB can only be used for capital Projects opproved by RCB
Unit Trusts held by RCB can onty be used for capital project5 approved by RC8
-Advent fund 15 Used to supportthe dloosan evangellst and the chlldrens minlstry
29

Molra Parish Church
Notes to the Flnancial Statements forthe year ended 31 December2022 l¢ontinuedl
23. Funds reconciliation lcontinuedl
As at l January
2021
Unrealised
Asat31
gain I Ilossl December 2021
Income
Expendlture
Transfers
Restricted Funds
Murdock Bequest
Building FLtnd
Ibba Fundraislng
Mtssion Trips Fund
DFC Fund
LOGIC Fund
Revelatlon Fund
Stjohns Bowling Club
Women's Guild
Land and Buildings held by RCB
Investment Property held by RCB
Cash held by RCB
UnltTrusts
Advent Fund
100,997
99.204
1,214
1,834
1.004
118.799
942
1,241
10,919
2,313.766
410.000
470.271
984.588
26.212
4,540,991
100,997
108.518
1,384
1,834
1,163
120,986
9,314
170
159
143,581
150
230
li
183.5311
181
1601
11451
157,8631
11,0841
1,411
10,785
2.313.766
410,000
470,306
1,140,483
26,462
4,708,095
35
25.687
250
179,587
130.208
183,7441
158,9471
130.208
Vnrestrlcted Fund
General Fund
203,761
203,761
437.680
437,680
1287.5091
1287,5091
58347
58,947
412,879
412,879
Total Funds
4,744,752
617,267
1371,2531
130,208
5,120,974
-The Murdock Bequest Is to be used on costs of The organ In The Parish Church
-The Building Fund is to bÈ used to maintain the church property
The Ibba Fundralsing FLÈnd is to be used on initiatives to support the link Dlocese in South Sudan
-The M5ssion Trip Fund is to be used to support young people undertaking m1555on trlp5
- Thi5 fund is to be used for income from DFCfor poverty
- LOGIC funds are used to administer Logic and to SUPPOrt Logic Piograms
- Sunday School Fund is used to 5UPPOrt Sunday School Activities
Revelation Fund is used to support Revelatlon Youth Fellowship A¢tivltle5
- StJohn'5 Bowling Club fund Is used to support the activitie5 of St John's Bowllng Club
- Women's Guild fund Is used to support Women's gulld actlvltles and provision of catering in the Parish
Funds held in Land and Buildings held by RCB cèn only be used for capital projects approved by RC8
Funds held in Investment Property held by RCB can only be used for capitsl projects approved by RCB
Funds held In cash by RCB can only be used for capital projects approved by RCB
Unlt frusts held by RCB can only be used for capital project5 approved by RCB
Advent fund Is used to support the diocesan evangelist and the childrens ministry
30

Moira Parish Church
Notes tothe Flnancial Statement5 forthe year ended 31 December 2022 (continued)
23. Funds reconciliation {continued)
Fund descriptions
al Unrestricted funds
The income in the General Fund comprises mainly of donations from collection5 and gift aid.
Expenses within the General Fund relate to the raising of funds and charitable activities of the
charity,
bl Restritted funds
The income and expenditure in the restricted funds relate to donation5 to the building fvnd
and other specific donations during the year.
24. Transfers
Funds are transferred from unrestricted funds to restricted funds to cover shortfalls in restricted funding.
Reimbursement of wage5 and running costs from the Logic fund to the Parish Church are accounted for
as a transfer.
25. Analysis of net assets between funds
310ecember 2022
Restrlcted
Unrestricted
Total
Fixed as5ets- tangible
Fixed assets- investments
Current assets
Current liabilities
Loans
Net Assets as at 31 De￿mber 2022
2,336,909
1.953,140
379,016
144,626
2,481,535
1,953,140
683,987
113,279)
15,0001
5,100,383
304,971
(13.279)
(5,000)
431,318
4,669,065
31 December 2021
Restricted
Unrestricted
Total
Fixed assets - tangible
Fixed assets- investment5
Current assets
Current liabllities
Loans
Net Assets as at 31 December 2021
2,335,180
2,009,995
362,920
137,545
2,472,725
2,009,995
662,743
119,4891
15,000)
5,120,974
299,823
{19,4891
15,0001
412,879
4,708,095
31

Moira Parish Church
Notes to the Financial statements forthe year ended 31 December 2022 (continued)
26. Reconciliation of net income to cash flow from operatlng activities
2022
2021
Net income for year
64,874
246,014
Depreciation
Dividends, Interest and rent from investments
Decrease/(increasel in debtor5
Decrease in creditors
Other adjustments:
Interest on fixed asset investments
Interest on current a55et investments
Other non cash at bank movements
9,070
(53,907)
95.569
{6,210)
7,225
{49,4821
{96,537)
(14,012)
(32,816)
(3,414)
5,799
78,965
125,7221
11,9271
1,055
66,614
27. Pensions and other post-retirement benefits
The charity operates a defined contribution pension scheme foremployees. The asset5 of the scheme are
held separately from those of the charity. The contributions paid by the charity during the year amounted
to £10,71112021- £10,119). At the balance sheet date outstanding payments to the fund totslled £709
(2021- £735).
28. Contingent liabilities
The charity has a contingent liabllity to repay grants received if certain conditions are not met or if they
are breached.
29. Related party transactions
There are no related party transactions in the year12021: None).
30. Ethical standards
In common with many other buslnesses of oursize and nature we use our auditors to assist with the
preparation of the financial statements.
32

Moira Parlsh Church
Notes to the Financial Statements for the year ended 31 December 2022 (continued)
31. Flnanclal instruments
The carryin8 amounts of the charit￿S financial instrument are as follows:
2022
2021
Financialassets,.
Flnancial a55ets measured at fair value through net Intome/expenditure.'
Flxed asset investments- unit tru5tS
1,070,283
1,129,689
Debt Instruments measured at C05t less Impairment..
Fixed a55et investments- Cash held by RCB
472,857
470,306
Current asset investments- i year maturity bonds
- 95 day notice account
81,752
76,069
80.742
75,258
1,700.961
1,755.995
The Income. expenses, net gains and net losses attributable the charity's flnaneial instruments are
summarlsed a5 follow5:
2022
2021
Income ond fexpenses)..
Flnancial assets measured at falr value through net Income/expenditure:
Flxed asset Inve5tments- unit trusts
32,225
28,813
Debt instruments measured at cost less Impalrment:
Flxed asset Investments- Cash held by RCB
2.551
35
Current asset investments- i year maturity bonds
95 day notice account
1,009
811
36,596
884
258
29.990
Net goins und (losses).-
Flnancial assets measured at fair value through net incomelexpenditure:
Fixed a55et investments- unit trusts
185,4651
130,208
Debt instruments measured at cost less Impairment..
Current asset Inve5tments- l year maturity bonds
- 95 day notice account
185,465)
130.208
Details of Interest Income and Interest expenses re*lected in net income are shown within notes 5 and 10 respectively In
the notes to the financlal statements.
33